米帝媒体bloomberg问尹总对创业版的观点，不同他们的标题和其他采访对象，我从实际操作经验和公司调研结果，告诉他们创业版还是有亮点的，环保板块是我们的最爱，也是地方政府和民间能花钱的地方。

这是为了习市和中国股市操碎了心的节奏。

尽管观点不尽相同,米帝主流媒体采访还是很严谨,值得国内同行学习,可惜不能发链接，详见下文粗体部分：

Down $4 Trillion, China Faithful Buy Stocks That Hurt Most (1)
2015-11-02 01:40:26.578 GMT


(Updates with Monday trading in fifth paragraph.)

By Bloomberg News
(Bloomberg) -- Wu Xin says she’s got a sure-fire plan to
recoup losses from the $4 trillion selloff in China’s stock
market: pile into equities that hurt her the most.
The 28-year-old from Hangzhou has been snapping up shares
in China’s small-cap ChiNext Index, undeterred by a tumble
earlier this year that erased half the measure’s value in three
months.
“I lost most of my money investing in ChiNext stocks, but
they are still worth buying,” said Wu, an ad saleswoman in the
media industry. “I can make the most money from them in a rally,
too.”
Doubling down on the most volatile equities has become a
go-to strategy for China’s 96 million individual investors as
the stock market shows early signs of recovery. The ChiNext has
rallied 38 percent from this year’s low in September -- three
times as much as the benchmark Shanghai Composite Index -- and
volumes on the small-cap bourse surged to an all-time high last
month.
The rush back into the bear market’s biggest losers shows
Chinese investors are still embracing risk, even as the economy
heads for its weakest annual expansion since 1990. The danger is
that another market downturn could saddle individuals with even
deeper losses -- a double whammy that Bocom International
Holdings Co. says would do lasting damage to investors’ appetite
for stocks. The ChiNext dropped 1.7 percent at 9:38 a.m. local
time on Monday.
“If the ChiNext plunges again, it’s going to hurt,’’ said
Hao Hong, the chief China strategist at Bocom in Hong Kong, who
predicted the stock-market rout in June.
When small-cap shares are rising this fast, buying is hard
to resist. Zhu Zujuan, a 60-year-old retiree, says she purchased
shares of Dingli Communications Corp., a maker of wireless
network testing gear, last Tuesday at 27.2 yuan apiece. After a
tea date with friends, she came back home to find the stock had
rallied to 30 yuan -- a 10 percent gain in a few hours, without
any obvious news.
“The market cap of ChiNext stocks is usually small, so it’s
easy for them to rise,” Zhu said from Hangzhou. "I know the risk
is high, but so is the return."
The ChiNext’s rally from its September low has extended
this year’s gain to 68 percent, despite a tumble of as much as
55 percent from its June peak.
Investors are increasingly trying to lock in quick gains.
Average daily turnover in ChiNext shares surged 64 percent in
October from the previous month, with about 3.5 percent of the
entire market capitalization changing hands on Oct. 23. That was
a record proportion relative to Shanghai, where turnover
amounted to 1.5 percent of bourse’s market value.
Pan Lizhi, a 55-year-old retiree who has as much as 50,000
yuan ($7,915) in ChiNext shares, says she never hangs on to a
stock for more than five days. Despite losing sleep when equity
prices crashed earlier this year, she still has about a third of
her holdings in small-caps.
"I only make speculative investments in ChiNext,” Pan said
from Yiyang, a city in China’s southern Hunan province. “I
always rely on feelings when buying stocks. My son says I’m a
gambler."
Of course, ChiNext shares aren’t all about short-term
speculation. The index is a proxy for “new economy” companies in
the technology, consumer and service industries -- some of the
biggest beneficiaries of China’s plan to wean itself from a
reliance on credit-fueled investment. Earnings at ChiNext
companies have jumped 54 percent since the end of 2013, versus a
1 percent drop for the Shanghai Composite, according to data
compiled by Bloomberg.
"Regardless of all the criticism about ChiNext stocks, they
are mostly in the new emerging industries,” said Yin Ming, a
vice president at Shanghai-based Baptized Capital, which
oversees about 200 million yuan. His firm invests in
environmental protection companies because their earnings have
“high visibility” as local governments boost spending on the
industry.
For Bocom’s Hong, valuations on ChiNext stocks already
reflect the companies’ long-term growth prospects. The index
trades for 71 times reported profits, versus 17 for the Shanghai
Composite. America’s small-cap Russell 2000 Index has a multiple
of 19.
“I wouldn’t be surprised if the ChiNext underperforms,”
Hong said. “It is expensive.”
Liu Zongyuan, who works for an engineering logistics
company in Beijing, says Chinese stocks have further to fall as
the economy slows. Yet despite his bearish outlook, the 30-year-
old has as much as half of his investments in ChiNext shares.
The key, he says, is to aim for fast gains and know when to cash
out.
“I sell immediately when I think the profit is good
enough,” Liu said. “I’ve recently made more speculative
investments than fundamental-based ones, because I’d like to
make quick profits.”

For Related News and Information:
Top emerging-market news: TOP EM
Most-read emerging-market news: MNI EM 1W
Developing economy market moves: EMMV
Emerging-market economic statistics: STAT4

--With assistance from Zhang Shidong, Amy Li and Allen Wan in
Shanghai and Fox Hu in Hong Kong.